Chris Brown Mortgage Review

Ryan and Ashley are your next-door-neighbor kinda folks in Brevard County, FL. In addition to their home, they own an investment condo that is under water. They have understood for some time that buying Cape Canaveral investment real estate is where the smart money is going, even now, and even though their first experience created negative equity. Couple the cheap Brevard Real Estate prices of today with the unsustainably low mortgage interest rates and you result in some of the best Brevard County, FL real estate opportunities in our life time. While Ryan and Ashley were looking to add to their real estate portfolio, they began to wonder what they could do with the property they already had… there had to be a way to help improve the cash flow without needing to do a Cape Canaveral Short Sale. If there wasn't they were open to the short sale, but really wanted to keep their investment property. Fast forward to today. In addition to helping Ryan and Ashley structure a new investment property purchase, we uncovered that it made sound financial sense to refinance of the upside down investment condo in Florida they already have through a Cape Canaveral Harp 2 Refinance. How HARP and The Chris Brown Team's mortgage planning benefited Ryan and AshleyLoan Before HARP: Balance: $340,000 Interest Rate: 6.25% Interest ONLY Payment: $1770.83 New HARP Loan: Balance: $346,700 Interest Rate: 4.000% P+I Payment: $1655.20

$105.63 lower Harp payment AND $499.53 now going to principle!

That is a combined benefit of $605.16 beginning in the first month of the Harp 2.0 Success Story, increasing every month after that since each month a little bit more is going to principle. Can $105.63 = $605.16? Yes, it just did. Who do you care about that may also benefit from improving their position $605.16 every month just like Ryan and Ashley? You may choose to share this with them on your Facebook page with the share links above. Check my Harp 2.0 Eligibility in 90 secondsCertified Mortgage Planners and Chris Brown are nationally recognized HARP Experts for the Florida HARP Loan Refinance Program.

Zillow just announced that it has acquired HotPads, the San Francisco-based rental and real estate search site for $16 million in cash.

According to the Tech Crunch article, Zillow plans to create one single database for rentals that will be available on Zillow, HotPads and the company’s other properties. HotPads, will continue to exist as its own brand and Zillow will commit additional engineering resources to help the company grow.

Between Zillow Rentals and HotPads, Zillow CEO Spencer Rascoff expects the company can now offer a rental marketplace at scale – something that wasn’t previously available to users in the highly fragmented rental market. For Zillow, this is also an opportunity to build a relationship with a younger audience – the kind that’s shopping for a first rental but not ready to buy yet. Once they get to the point where they are looking to buy, they will hopefully come back to the Zillow brand.

What does this mean to Showcase Property Management? I believe Zillow and HotPads will provide our rentals even greater exposure in a rental market that just keeps expanding. Our investors rely on us to quickly place tenants in vacant properties. The more exposure we have the great chances we have of finding qualified tenants.

At this time of thanksgiving I am grateful for the many blessings associated with being the managing broker for what I consider to be the best property management company on the Space Coast. I am grateful for my amazing staff who works tirelessly to keep Showcase Property Management a great company. Being the largest management company in Brevard County, FL comes with a significant work load. Our office processes hundreds of application per month with people searching for a place to live.

I am grateful to our owners who put their faith and trust in the Showcase Property Management Team. Keeping more than 2000 properties maintained across Brevard County, FL isn't always easy, but we make it our priority to keep all of our investment properties the most desired rental properties.

I am grateful for all the tenants who rent with Showcase Property Management. Keeping up with all the problems and issues that arise with rental homes is sometimes tough, but we make it mandatory to have our vendors respond as quickly as possible and resolve issues promptly.

I am grateful for all the Showcase vendors who provide exceptional service, even on week-ends and holidays like Thanksgiving. Many of our vendors have been with us for many years, I am grateful they make our properties a priority.

I hope you enjoy the Thanksgiving video as much as I did; it made me realize how thankful I am for so many wonderful Showcase blessings. From our Showcase Property Management Family to your family… we wish you a Blessed Happy Thanksgiving.

Fortunately Brevard County, FL had very little impact from Hurricane Isaac, but the hurricane season is still upon us for a few months. The last thing you want to worry about is what to do with your swimming pool or spa. Blu Water Pool Service has prepared a list of what to do with your swimming pool if a storm or hurricane is approaching.

Following are some do's and don'ts for swimming pools in reference to hurricanes:

Do:

Shock or super chlorinate your pool (in the event of long utility outages, it may be your only source of water) It may be necessary after the storm to use the pool water for flushing toilets and other water uses by the old hand carry bucket method) Be very careful of this tropical storms bring rain and other unknown items AND CONTAMINATS into the pool. DO NOT USE AS DRINKING OR BATHING WATER.

Shut off the power (by simply flipping the breaker) to your pool pump and/or automation systems, heaters or heat pumps (may help to prevent against damage from electrical surges during and after storms).

Deck drains/gutters are clean and free of debris; this is only a small safeguard against keeping water out of your home if flooding occurs.

Screen Enclosures: I spoke with the screen contractor and this is their suggestion: Look to see if the enclosures Tapcon’s, screws and

braces are good, tight and built up to strength. He suggested on screen panels that: you shouldn’t tear them out or cut the screen what happens if it doesn’t come). I look at it this way it is a screen and aluminum structure. Storms if large enough can take down concrete walls. Preventative Maintenance always helps so contact a screen professional to get advice from them if you are concerned and want advice. If you want their number call the office and we can get you hooked up with Intercoastal Screen, Inc. 321-480-4313

Prune Branches of Trees and Shrubs In your pool area you should prune dying and weak branches of trees and shrubs so they do not end up breaking off and finding their way into the pool and equipment.

Do not:

Drain any water whatsoever out of your pool (we like in ground pools "in the ground") Flooding occurs when the soil is saturated with water or you live in low lying areas. Many pool owners believe that draining their swimming pools or spas before a storm hits will keep it from overflowing and flooding their property. Wrong. Properly built or installed pools should be equipped with overflows that will drain excess water. If you want to slightly empty the water level, lower it no more than to the bottom of the waterline tile (12”). Otherwise, the hydrostatic pressure can be too strong, possibly causing the pool to "float" or "pop" out of the ground, according to the The Official Broward County Hurricane Preparedness Guide. The water in your pool serves as a kind of shield, protecting your pool's finish from the effects of flying debris.

Put patio furniture in the pool (difficult to remove) it's safer inside than lying at the bottom of the pool which could also hurt you or someone else when trying to get it out.

Remove your pool pump, really, wouldn't you rather board up windows or chase garden gnomes down……..do most people even know how to do that? Not only you may leave exposed electrical wires and we know what happens when power and water mix. It is not a good combination.

After the Storm: CPR for Your Pool until the Professionals can get to you. Once you've received clearance to return home and have taken care of other more critical and emotional assessments of damage, you can address the pool or spa. You'll want:

Visually inspect your pool pump, motor, filter, heater etc for any damage. Let the motor dry for at least 24 hours before the system is turned back on. If it is underwater stop do nothing and call us.

Clean out debris from swimming pool to keep it from staining permanently and keeping system free of debris. Unless there is way too much or you are worried then call us.

Check pool water: Call with any concerns in the meantime: Balance water pH, super chlorinate or shock your pool, and run the filter until the water becomes clear.

Don't allow anyone to use your pool right before or after super chlorination. Wait until the pool water is healthy and safe.

DO NOT DRAIN: It may be tempting if your pool is a disastrous mess, but, again, don't drain it.

In short, if you are confused about how to handle your pool…….call one of our property maintenance coordinators….Words of Wisdom…. Do not Google!!!!!

Thank you Blu Water Pool Service, for providing this important information.

All of the short sales and foreclosures taking place leave people in need of a home to rent, making it a great time for investors to purchase investment properties, not just in Brevard County, FL, but anywhere in the sunshine state. The post The New Growth Business; Becoming a Landlord states, “Investors from Warren Buffett to mega financiers like GTIS Partners to small-time wholesalers are looking to cash in on the U.S. Housing market.”

Typically investors worry about vacancy rate, but the distressed property real estate market has created a huge demand for rental properties which is likely to be in place for the next 10 years. At that time the market will rally back to stability, making it an ideal time to sell, perhaps to the tenants who are renting the property.

Buying investment property still requires expertise of what will be most rentable for the long haul and saleable in the future. There are constants in real estate investing that are timeless, meaning buying property because it’s cheap, doesn’t always provide the greatest rate of return.

The shift in the rental market makes it an ideal time to invest. Drop us a reply below to get a list of the ideal investment properties to purchase in Brevard County, FL.